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Waste management company Hasiru Dala Innovations has raised ₹6 crore in a pre-series A equity funding round led by Rainmatter Fintech Investments. The funds will support the expansion of its plastics circularity business and bio-gas plant operations.

PRIVATEApr 01, 2025•about 1 year ago

Amount Raised

₹60 Million

Round Type

PRE-SERIES A

BengaluruRenewable EnergyWaste Management

Investors

Next Bharat Ventures IfscRainmatter Fintech Investments

Description

Hasiru Dala Innovations (HDI) has successfully raised ₹6 crore in a pre-series A equity funding round aimed at enhancing its sustainability initiatives. The investment, led by Rainmatter Fintech Investments, will facilitate the scaling of HDI's plastics circularity business and support its joint venture for bio-gas production. The company focuses on integrating waste pickers into the circular economy while driving eco-friendly solutions. With this funding, HDI aims to accelerate its growth and impact in the waste management sector.

Company Information

Company

Hasiru Dala Innovations

Location

Bengaluru, Karnataka, India

About

Hasiru Dala Innovations (HDI) is a waste management company dedicated to inclusive circularity. Their mission is to create a world with no waste and empower traditionally marginalized waste pickers. HDI focuses on scaling its plastics circularity business and expanding its Bio-gas plant. The company actively diverts municipal solid waste from landfills, contributing to environmental sustainability.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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